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Last updated: June 18, 2025, 19:02  |  Written by: Mike Novogratz

Blobs Scale More
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The Terra Blockchain

Terra blockchain’s stablecoin UST lost its peg this week, crashed, and brought the whole cryptocurrency market into a catastrophe long unseen. Billions were wiped

The Terra blockchain, which features the UST (TerraUSD) stablecoin powered by the LUNA token, came to a halt for the second time in 24 hours amid the

Quo Vadis, Terra Luna? (Before and After the Crash)

Why is Terra Luna crashing? - The US Sun

The Collapse of LUNA: What Happened and Why? - DailyCoin

Crypto's biggest crash: Terra, LUNA and UST crisis explained

The Terra

The Terra (LUNA) collapse sparked on, when the price of UST (Terra USD) dropped from an all-time high of $1.09 to $0.985 after a series of large dumps of

Terra Luna crash: how it happened, and what's next? - Bolder

Terra (Luna) Collapse 2-year Anniversary: What Happened and

On May

Terra Luna Crash: What Happened And How It Cast A Dark Cloud

On May 7th 2025, the attacker swapped $85 million worth of UST into USDC on a decentralized exchange. The attacker (s) then continued to swap tens of millions of dollars worth of USDC

On May 16, the Terra blockchain halted its operations after an overnight 100% drop in the token’s price. How did this happen? For one, the broad crypto market has

Mike Novogratz can be reached at [email protected].

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